Saudi Arabian Mining Co. — Capital/Financing Update 2017

Dec 14, 2017

ADDENDUM ANNOUNCEMENT FROM SAUDI ARABIAN MINING COMPANY (MAADEN) RELATED TO THE SIGNING OF MURABAHA REVOLVER LOAN

1211 · 14/12/2017 08:19:53 · Announcement #48824 · View on Saudi Exchange

ADDENDUM ANNOUNCEMENT FROM SAUDI ARABIAN MINING COMPANY (MAADEN) RELATED TO THE SIGNING OF MURABAHA REVOLVER LOAN

Further to the Company announcement on 05/02/1434H corresponding to (18/12/2012G), Saudi Arabian Mining Company (Maaden) announces that it has signed on Wednesday 25/03/1439H corresponding to (13/12/2017G) a five year extension and amendment of its five year Murabaha revolver loan facility which was originally signed on 18 December 2012.

The facility, which is currently undrawn, provides liquidity support for Maaden. The amount of the facility was reduced from SAR9 billion to SAR7.5 billion reflecting Maaden reduced funding requirements.

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